Ahmedabad (Gujarat) [India], September 30: Advait Energy Transitions Limited (formerly Advait Infratech Limited) today announced key outcomes from its 15th AGM held at the Ahmedabad Management Association. Shareholders approved a dividend of ₹1.75 per equity share, reflecting 17.50% on the face value of ₹10, alongside an enhanced borrowing limit of ₹1,000 crore to support future growth initiatives.
The meeting also approved the adoption of audited financial statements for FY 2024–25, the re-appointment of M/s V. Goswami & Co. as statutory auditors, and the appointment of Mr Tejpal Singh Bisht as an Independent Director. Other approvals included related party transactions with Advait Greenergy, creation of security on company assets for borrowings, and the sale of 2,750 shares of Advait Greenergy to Alethea Tradeline.
The resolutions received overwhelming support, with most securing 100% of the valid votes cast.
About Advait Energy Transitions Limited
Advait Energy Transitions Limited, established in 2009 and headquartered in Ahmedabad, Gujarat (India), is a global leader in power transmission, distribution, substations, and telecommunication infrastructure. With a presence in over 45 countries, more than 450 completed projects, and collaborations with 100+ international clients, Advait is recognised for its engineering excellence, execution capabilities, and technical dependability.
The company’s core competencies include the manufacturing and supply of Stringing Tools, ACS Wires, OPGW Cables, Emergency Restoration Systems (ERS), Optical Fibre Cables, and a comprehensive range of insulators. Advait has successfully executed complex EPC projects across all 29 Indian states, including live-line OPGW installations, underground cabling, and MVCC/HT AB cable integrations, demonstrating its strength in delivering comprehensive, turnkey power infrastructure solutions.
In recent years, Advait has strategically expanded into the new and renewable energy space. It is actively developing projects in Green Hydrogen (including a 300 MW manufacturing capacity under the Government of India’s Production Linked Incentive (PLI) scheme), Battery Energy Storage Systems (50 MW), and Solar Power integration (300+ MW).
The company’s offerings now encompass electrolysers, hydrogen fuel cell systems, refuelling stations, and hydrogen storage solutions, underscoring its commitment to building clean, resilient, and future-ready energy ecosystems.
From transmission to transformation, Advait remains at the forefront of innovation, sustainability, and decarbonisation, empowering industries and communities through intelligent, scalable energy solutions.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
